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Although the linear-in-means model is the workhorse model in empirical work on peer effects, its theoretical properties are understudied. In this study, we develop a social-norm model that provides a microfoundation of the linear-in-means model and investigate its properties. We show that...
Persistent link: https://www.econbiz.de/10012859300
In this paper, we examine possible types of network formation among immigrants in the diaspora and between those … network structure on the country of origin, such as on international trade. We find that when the size of the diaspora is …
Persistent link: https://www.econbiz.de/10012997439
migrants form social links among them and the extent to which this network provides them with material support along three …
Persistent link: https://www.econbiz.de/10013057910
We explore network effects on generosity for different network dimensions. To this end we elicit multiple network … matters for friendship ties but that structural network variables are important in all network dimensions. Importantly, these … effects are not invariant across different network dimensions. We also find that individual characteristics are unrelated with …
Persistent link: https://www.econbiz.de/10013135187
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … credibility and show, both theoretically and experimentally, an interaction effect of network structure and communication …
Persistent link: https://www.econbiz.de/10012870134
network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic … complements, and participants have either complete or incomplete information about the structure of a random network. Since … for reduced exposure to loss, and 2) uncertainty about the network structure makes it considerably more difficult to …
Persistent link: https://www.econbiz.de/10013055226
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by allowing … private information. In all treatments, the (efficient) equilibrium network has a "star" structure. With homogeneous agents …
Persistent link: https://www.econbiz.de/10013318256
Existing experimental research on behavior in weakest-link games shows overwhelmingly the inability of people to coordinate on the efficient equilibrium, especially in larger groups. We hypothesize that people are able to coordinate on efficient outcomes, provided they have sufficient freedom to...
Persistent link: https://www.econbiz.de/10013113085
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10013153178
when these network relationships lead to productive social outcomes. In that sense, social capital is productive capital … specific way: by facilitating the transfer of information that helps improve the economic wellbeing of network members …
Persistent link: https://www.econbiz.de/10012829921